ABS Consumer – Associate / Associate Director (NY / Chicago)

About the role

The ideal candidate will have experience in ABS sectors, either consumer (such as auto loans, consumer loans, credit cards, etc.) or commercial/esoteric (data center, equipment, communications infrastructure, aviation etc.). The candidate may be expected to work across asset classes within ABS.

Responsibilities

• Conduct transaction analysis including originator/servicer evaluation, collateral performance and loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
• Aid in the preparation of credit memoranda and presentation of transactions to rating committees.
• Prepare and contribute to individual transaction reports for publication.
• Aid in the publication of market commentaries related to topical events or research.
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
• Attend and participate in seller/servicer due diligence, investor discussions, or industry events (which, in some cases, may require travel).

Requirements

• B.A./B.S. degree in a relevant field of study.
• Minimum of three (3)+ years for Associate, five (5)/six (6)+ years for Associate Director of demonstrated experience in credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Strong Excel skills (excel test may be administered as part of the interview process).
• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of asset and bond cash flows.
• Proficient with relevant financial modeling software (e.g. Intex).
• Strong oral and written communications skills (writing sample on request).
• Exceptional attention to detail.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Qualifications

• Minimum of three (3)+ years for Associate, five (5)/six (6)+ years for Associate Director of demonstrated experience in credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.

Skills

• Strong Excel skills.
• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of asset and bond cash flows.
• Proficient with relevant financial modeling software (e.g. Intex).
• Strong oral and written communications skills.
• Exceptional attention to detail.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity.

Benefits

• A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
• Competitive benefits and paid time off
• Paid family and disability leave
• 401(k) plan, including employer match (100% vested)
• Employee referral bonus program

Pay

The anticipated annual base salary range for this full-time position is $100,000 to $150,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

Schedule

A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)